Punjab Communications Ltd
Incorporated in 1981, Punjab Communications
Ltd is in the business of telecom products manufacturing.[1]
- Market Cap ₹ 59.7 Cr.
- Current Price ₹ 49.7
- High / Low ₹ 74.0 / 40.1
- Stock P/E 20.0
- Book Value ₹ 25.3
- Dividend Yield 0.00 %
- ROCE 10.2 %
- ROE 10.1 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company is expected to give good quarter
Cons
- Company has a low return on equity of -0.95% over last 3 years.
- Contingent liabilities of Rs.53.7 Cr.
- Earnings include an other income of Rs.10.4 Cr.
- Company has high debtors of 180 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 21.01 | 20.16 | 27.96 | 37.91 | 44.66 | 27.60 | 20.58 | 10.76 | 10.59 | 15.05 | 17.21 | 26.85 | |
| 39.09 | 39.25 | 42.72 | 50.82 | 55.94 | 47.53 | 40.57 | 31.57 | 27.07 | 24.15 | 26.40 | 34.08 | |
| Operating Profit | -18.08 | -19.09 | -14.76 | -12.91 | -11.28 | -19.93 | -19.99 | -20.81 | -16.48 | -9.10 | -9.19 | -7.23 |
| OPM % | -86.05% | -94.69% | -52.79% | -34.05% | -25.26% | -72.21% | -97.13% | -193.40% | -155.62% | -60.47% | -53.40% | -26.93% |
| 8.36 | 8.93 | 9.06 | 8.80 | 9.46 | 9.01 | 8.48 | 7.91 | 1.13 | 19.95 | 9.24 | 10.45 | |
| Interest | 0.15 | 0.09 | 0.06 | 0.11 | 0.34 | 0.07 | 0.04 | 0.03 | 0.04 | 0.50 | 0.23 | 0.03 |
| Depreciation | 0.39 | 0.22 | 0.53 | 0.61 | 0.55 | 0.44 | 0.35 | 0.29 | 0.23 | 0.20 | 0.20 | 0.21 |
| Profit before tax | -10.26 | -10.47 | -6.29 | -4.83 | -2.71 | -11.43 | -11.90 | -13.22 | -15.62 | 10.15 | -0.38 | 2.98 |
| Tax % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -5.52% | 0.00% | 0.00% | 0.00% | 0.00% |
| -10.26 | -10.48 | -6.29 | -4.83 | -2.70 | -11.43 | -11.90 | -12.49 | -15.62 | 10.15 | -0.38 | 2.98 | |
| EPS in Rs | -8.53 | -8.72 | -5.23 | -4.02 | -2.25 | -9.51 | -9.90 | -10.39 | -12.99 | 8.44 | -0.32 | 2.48 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 3% |
| 5 Years: | 5% |
| 3 Years: | 36% |
| TTM: | 56% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 18% |
| 3 Years: | 33% |
| TTM: | 387% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 1% |
| 5 Years: | 16% |
| 3 Years: | 18% |
| 1 Year: | -10% |
| Return on Equity | |
|---|---|
| 10 Years: | -12% |
| 5 Years: | -15% |
| 3 Years: | -1% |
| Last Year: | 10% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 12.05 | 12.05 | 12.05 | 12.05 | 12.05 | 12.05 | 12.05 | 12.05 | 12.05 | 12.05 | 12.05 | 12.05 |
| Reserves | 82.07 | 71.59 | 65.35 | 61.53 | 58.58 | 46.22 | 35.08 | 22.36 | 6.59 | 16.78 | 16.50 | 18.40 |
| 0.00 | 0.00 | 0.50 | 1.89 | 0.00 | 0.39 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| 42.56 | 52.63 | 58.15 | 57.90 | 77.33 | 76.27 | 76.83 | 77.22 | 74.65 | 67.49 | 66.66 | 58.49 | |
| Total Liabilities | 136.68 | 136.27 | 136.05 | 133.37 | 147.96 | 134.93 | 123.96 | 111.63 | 93.29 | 96.32 | 95.21 | 88.94 |
| 4.19 | 5.66 | 5.66 | 5.65 | 5.32 | 4.97 | 4.63 | 4.12 | 3.89 | 3.71 | 3.90 | 4.17 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 6.99 | 6.99 | 6.99 | 6.99 | 6.99 | 6.99 | 6.99 | 6.99 | 0.00 | 0.00 | 0.00 |
| 132.49 | 123.62 | 123.40 | 120.73 | 135.65 | 122.97 | 112.34 | 100.52 | 82.41 | 92.61 | 91.31 | 84.77 | |
| Total Assets | 136.68 | 136.27 | 136.05 | 133.37 | 147.96 | 134.93 | 123.96 | 111.63 | 93.29 | 96.32 | 95.21 | 88.94 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -16.56 | -0.86 | -12.03 | -13.83 | -4.93 | -10.34 | -4.78 | -15.11 | -22.97 | -1.21 | -9.39 | -6.69 | |
| 18.79 | 1.38 | 10.41 | 15.75 | 4.00 | 14.22 | 5.90 | 8.64 | 23.08 | 25.35 | -9.78 | 8.90 | |
| -1.14 | -0.07 | 0.45 | 1.29 | -2.21 | 0.33 | -0.42 | 3.88 | -0.04 | -4.40 | 0.00 | -0.03 | |
| Net Cash Flow | 1.10 | 0.44 | -1.17 | 3.21 | -3.13 | 4.21 | 0.70 | -2.59 | 0.08 | 19.74 | -19.17 | 2.18 |
| Free Cash Flow | -16.64 | -2.67 | -12.46 | -14.41 | -5.15 | -10.43 | -4.79 | -15.12 | -22.96 | -1.23 | -9.54 | -7.18 |
| CFO/OP | 91% | 6% | 88% | 111% | 44% | 52% | 24% | 73% | 139% | 13% | 102% | 82% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 292.03 | 261.26 | 201.17 | 182.45 | 226.96 | 321.09 | 323.50 | 353.81 | 352.25 | 257.56 | 204.66 | 180.39 |
| Inventory Days | 723.93 | 723.92 | 697.89 | 480.62 | 407.15 | 538.64 | 629.67 | 2,113.82 | 1,268.59 | 1,038.75 | 738.50 | 114.66 |
| Days Payable | 553.25 | 568.95 | 478.95 | 316.73 | 297.62 | 381.05 | 537.64 | 1,645.34 | 1,098.87 | 914.89 | 615.70 | 513.50 |
| Cash Conversion Cycle | 462.71 | 416.22 | 420.12 | 346.34 | 336.49 | 478.69 | 415.53 | 822.28 | 521.96 | 381.42 | 327.46 | -218.45 |
| Working Capital Days | 361.70 | 203.86 | 113.83 | 92.62 | 38.25 | -39.67 | -257.88 | -752.73 | -714.49 | -430.97 | -339.13 | -446.97 |
| ROCE % | -8.45% | -11.26% | -7.84% | -6.18% | -3.24% | -17.57% | -22.42% | -32.38% | -32.61% | -9.35% | -2.82% | 10.20% |
Insights
In beta| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
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| Revenue from Operations (Turnover) ₹ Lacs |
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Extracted by Screener AI
Documents
Announcements
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Compliances-Reg.24(A)-Annual Secretarial Compliance
1d - Annual Secretarial Compliance Report for FY2026 filed; delays in results filings attracted fines of Rs.1.18 lakh total.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
21 May - A newspaper publication on audited financial results for the period ended 31.03.2026
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Announcement under Regulation 30 (LODR)-Change in Management
20 May - CA Ajay Aggarwal interim CFO from 21 May 2026; Tony Bansal appointed CFO from 1 June 2026.
- Audited Financial Results For The Period Ended 31.03.2026 20 May
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Board Meeting Outcome for Outcome Of Board Meeting-Annual Financial Results For Period Ended 31.03.2026
20 May - FY26 audited results: revenue ₹3,729.39 lakh, net profit ₹297.60 lakh; auditors noted inventory and ECL qualifications.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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History[1]
Puncom was established and promoted by the Punjab Govt. for enhancing the Electronics and Telecommunication industry in the region. has also broadened its customer and product base through tie-ups with foreign companies including Huawei Technologies of China for the supplying DWDM equipment. The company went about developing its core markets of railways, power sector with its own products.